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Steemit vs Hive Price & Volume Comparison

1 comment

randulakoralage
78
7 days agoSteemit3 min read

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Hi,

Here is the Weekly Analysis Report Regarding Steem Price and the Trading Volume in last week.

I don’t think to go into more detail. Since the Hive Platform is a split of Steemit and that platform is also going well, I thought it’s good to have a comparison between trading volumes in both Platforms also.

First, let’s Look into the Price variation of Steem & Hive Last week.

Steem Price Variation Within Last Week

DateOpenClose
12/21/2024$0.201N/A
12/20/2024$0.191$0.201
12/19/2024$0.204$0.191
12/18/2024$0.229$0.204
12/17/2024$0.247$0.229
12/16/2024$0.257$0.247
12/15/2024$0.250$0.257
12/14/2024$0.265$0.250

Hive Price Variation Within Last Week

DateOpenClose
12/21/2024$0.243N/A
12/20/2024$0.237$0.243
12/19/2024$0.252$0.237
12/18/2024$0.282$0.252
12/17/2024$0.298$0.282
12/16/2024$0.316$0.298
12/15/2024$0.313$0.316
12/14/2024$0.330$0.313

So, let’s see this data through a Graph. (For the graph, I will use the Open Prices of Both coins)

image.png

Now Let’s Move into the trading volumes of Each coin within the last week.

Steem Trading Volume Variation Within Last Week

DateTrading Volume
12/21/2024$6,837,420
12/20/2024$6,697,653
12/19/2024$34,659,529
12/18/2024$30,790,833
12/17/2024$36,947,089
12/16/2024$27,823,092
12/15/2024$31,574,280
12/14/2024$37,518,675

Hive Trading Volume Variation Within Last Week

DateVolume
12/21/2024$3,992,035
12/20/2024$5,892,558
12/19/2024$8,346,451
12/18/2024$10,008,771
12/17/2024$12,284,765
12/16/2024$10,354,397
12/15/2024$12,007,530
12/14/2024$14,765,911

Now for comparison, Let’s See these data from a chart.

image.png

Steem to Hive Ratio

The y-axis represents the ratio, which is the price of Steem divided by the price of Hive. A ratio of 1 mean that Steem and Hive have the same price.

This is Daily Steem To Hive Ration through out the Past week. And Steem Price has gradually increased over the past week.

image.png

DateSteemHiveSteem: Hive Ratio
12/21/2024$0.201$0.2430.826
12/20/2024$0.191$0.2370.807
12/19/2024$0.204$0.2520.807
12/18/2024$0.229$0.2820.813
12/17/2024$0.247$0.2980.831
12/16/2024$0.257$0.3160.813
12/15/2024$0.250$0.3130.798
12/14/2024$0.265$0.3300.805

Thank You.

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